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PetarJacimovic
Jul 18, 2016 12:47 PM

Sign of strength + Fibonacci work = Bullish Long

Euro Fx/New Zealand DollarFXCM

Description

I found the massive sign of strength in the background after the CPI in New Zealand. There is also retracement FR 61.8%, which held successfully. Watch for buying opportunities.

TP1 - 1.5630
TP2 - 1.5700
TP3 - 1.5820

Trade closed: target reached

First two targets are met so far and the third target is set at the price of 1.5820. So far EUR/NZD is a huge winner.
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